London’s Zencargo raises £30m to help firms navigate supply chain disruption

first_imgZencargo moves sea, air and road cargo, enabling businesses to be more efficient and sustainable in their logistics operations. Digital freight forwarder Zencargo has raised £30m to help businesses make decisions through a real-time overview of their supply chain. Damian Shepherd Relied on by the likes of Vivienne Westwood, Swoon Furniture and Soho Home, Zencargo handles all components of transporting goods and provides supply chain visibility. London’s Zencargo raises £30m to help firms navigate supply chain disruption Share whatsapp “Zencargo’s cutting edge technologies, plus deep industry experience and knowledge, are transforming the supply chain.” Zencargo created a live dashboard mapping its customers’ shipments during the recent Suez Canal blockage. (Photo by Spencer Platt/Getty Images) Also Read: London’s Zencargo raises £30m to help firms navigate supply chain disruption Show Comments ▼ During the recent Suez Canal blockage, Zencargo created a live dashboard mapping its customers’ shipments with vessels that were obstructed, before working directly with them to arrange alternative plans. Zencargo created a live dashboard mapping its customers’ shipments during the recent Suez Canal blockage. (Photo by Spencer Platt/Getty Images) Also Read: London’s Zencargo raises £30m to help firms navigate supply chain disruption center_img “With global freight reliability so low as a result of the pandemic, Brexit and the Suez Canal delays, it is more important than ever for businesses to make informed supply-chain decisions that will enable them to serve their customers,” said Alex Hersham, CEO and co-founder of Zencargo. Tuesday 11 May 2021 6:30 am Zencargo created a live dashboard mapping its customers’ shipments during the recent Suez Canal blockage. (Photo by Spencer Platt/Getty Images) Also Read: London’s Zencargo raises £30m to help firms navigate supply chain disruption Zencargo will use its latest round of funding to grow its team to 350 people over the next two years and expand internationally to the Netherlands, Hong Kong and the US. whatsapp Patrick Beitel, managing director at Digital+ Partners, said that the freight industry has struggled to keep pace with innovation, resulting in widespread inefficiencies. Zencargo created a live dashboard mapping its customers’ shipments during the recent Suez Canal blockage. (Photo by Spencer Platt/Getty Images) The London-based firm has now raised a total of £42m and is targeting revenues of £100m for this year, and over £200m for 2022. The freight forwarder will also use the funding to make inroads into trade finance under the leadership of its newly appointed CFO, Chris Greenacre, who was previously director at PwC. Founded in 2017, the firm has more than doubled its headcount to 150 from 65 at the start of 2020. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comlast_img

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